Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: blam

$6.50 for one silver quarter? 26 times the value. The cost of a 15K house in 1964 should cost $ 390,000 today. No wonder economist say housing is cheap.

Or price of silver is a bubble. My guess would be silver is priced right.


15 posted on 01/20/2013 7:43:34 AM PST by Orange1998 (DO NOT PRESS CTRL W)
[ Post Reply | Private Reply | To 9 | View Replies ]


To: Orange1998
$6.50 for one silver quarter? 26 times the value. The cost of a 15K house in 1964 should cost $ 390,000 today.

They are even higher than that in some locations. But I think it's hard to compare housing to a true commodity that is more liquid and portable.
22 posted on 01/20/2013 10:28:29 AM PST by Trod Upon (Civilian disarmament is the precursor to democide.)
[ Post Reply | Private Reply | To 15 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson